Despite surging home prices, the housing industry is showing no signs of slowing down, thanks to robust demand from homeowners. Given this backdrop, it could be wise to invest in fundamentally sound homebuilder stocks Toll Brothers, Inc. (TOL), Taylor Morrison Home Corporation (TMHC), and M/I Homes, Inc. (MHO), which are trading at a discount relative to their peers.
In the light of prevailing market tantrums, the homebuilding sector has remained surprisingly resilient, as evident by the iShares U.S. Home Construction ETF’s (ITB) 64.2% gains over the past nine months.
